Kohl's Corporation (KSS)
Kohl's stock drops sharply as it swings to an unexpected loss and issues 2024 profit warning
Kohl's Corp.'s stock KSS, +0.37% was down 20% in premarket trading on Thursday after it swung to an unexpected first-quarter loss and warned its full-year 2024 earnings would fall short of analyst estimates. Kohl's reported a first-quarter loss of $27 million, or 24 cents a share.
Kohl's cuts annual forecast on slowing demand, pulling shares down 15%
Department store chain Kohl's trimmed its annual sales and profit forecast on Thursday, as weaker consumer demand for its apparel and footwear outweighed benefits from higher discounts and strong brand assortment, dragging its shares down 15% in premarket trade.
Kohl's (KSS) Ready to Report Q1 Earnings: Is a Beat in Store?
Kohl's (KSS) first-quarter results are likely to reflect the impacts of an uncertain macroeconomic landscape, while strength in the home category is an upside.
Stay Ahead of the Game With Kohl's (KSS) Q1 Earnings: Wall Street's Insights on Key Metrics
Get a deeper insight into the potential performance of Kohl's (KSS) for the quarter ended April 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
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Kohl's (KSS) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Kohl's (KSS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Retail Renaissance Or Decline? Kohl's Intrigues With Hot 7.7% Yield
Kohl's had an intriguing fiscal year that saw a modest drop in revenue but a spike in profits as the company managed costs well.
